DeFi Outperforms Post Crash as On-Chain Indicators Remain Strong
On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Following the biggest crash since Black Thursday, DeFi protocols have managed to withstand major headwinds and liquidations. While DeFi tokens dropped significantly along with the rest of the market, they sustained above their lows relative to Ether and still managed to grow in key on-chain metrics. The DeFi…
By: Lucas Outumuro •
DeFiOn-Chain Markets Update by Lucas Outumuro, IntoTheBlock Following the biggest crash since Black Thursday, DeFi protocols have managed to withstand major headwinds and liquidations. While DeFi tokens dropped significantly along with the rest of the market, they sustained above their lows relative to Ether and still managed to grow in key on-chain metrics. The DeFi…
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